The Regional Comprehensive Economic Partnership Agreement (RCEP) helps China's agricultural trade move toward implementing a high-level opening to the outside world and promote high-quality development

Published 2021년 3월 23일

Tridge summary

The Chinese government has approved the Regional Comprehensive Economic Partnership Agreement (RCEP), bringing it one step closer to implementation. This free trade zone, which includes the largest population and economic trade scale in the world, is expected to result in zero tariffs on 90% of goods trade between member states. The agreement also promises to bring benefits and development opportunities to China's agricultural sector. Additionally, the article discusses the potential benefits for agricultural enterprises to expand internationally and the importance of improving product quality. It also emphasizes the need for understanding RCEP regulations and developing pre-plans to protect farmers' interests and guide businesses in international trade.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Let’s look at a piece of heavy news: A few days ago, the Chinese government has formally approved the Regional Comprehensive Economic Partnership Agreement (RCEP). According to regulations, the full entry into force of RCEP requires the approval of at least 9 of the 15 member states, that is, at least 6 Three ASEAN member states and at least three countries including China, Japan, South Korea, Australia, and New Zealand. China has taken a crucial step, indicating that RCEP is one step closer to its effective implementation. Let’s look at another micro lens: as a popular blog for cultural exchanges between China and South Korea. The main Korean youth, Xiao Fang, recently released the latest video work "How to Sell Korean Agricultural Products" on the Internet. In the video, Xiao Fang’s mother introduces the prices of Korean agricultural products converted into RMB to Chinese netizens. Small tomatoes are 40 yuan, 500 grams of pork is 80 yuan, and 170 grams of beef is 130 yuan... ...
Source: Agri.cn

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